president essentially got everything he wanted on tax policy, not just on rates but the credits for energy and education, the amt fix, the doc fix, and the republicans got very little if anything they wanted on the spending. a lot of democrats are miffed the president didn't take off the debt ceiling renegotiation in six weeks but i think the republicans are going to have a very, very hard part on what will be chapter two of this negotiation because they trial ran the medicare voucher proposal they had, and that went over very, very poorly during the election and they don't like defense cuts that are in the sequestration right now, so it's hard for me to know where the republicans really go in stage two of this on the spedding cuts. so i think the president has done very well for himself. >> dr. peterson, what's your sense of the president's speech today? it almost sounded like the president was daring house republicans to cross him. >> i think the president's tone today does reflect what julian said, which is that 11% approval rating, the idea it looks like the house will be holding the b